Archive for October, 2008

post thumbnail

Cardholders could be making repayments for thirty years

Recent research has been carried out showing that some credit card holders could face making repayments on a relatively low credit card balance for three decades. Officials from uswitch.com, who conducted the research, said that some people could be facing thirty years of repayments even on a debt of just £1400. The research showed that [...]

24Oct2008 | admin | 1 comment | Continued
post thumbnail

Future could see end of credit cards

According to a recent report technological advancements in making payments in the future could see the use of credit cards wane or even end in as little as five years. Some officials have predicted that many people will start paying for purchases in other way such as by phone, fingerprint, or key fob, which will [...]

23Oct2008 | admin | 0 comments | Continued
post thumbnail

Consumers will struggle to get interest free credit card deals

Recent reports have indicated that consumers these days will have a hard time trying for find interest free deals on credit cards as a result of the global credit crunch and the difficulties that have arisen from the credit squeeze. Whereas in the past many consumers with fairly decent credit could switch cards on a [...]

21Oct2008 | admin | 0 comments | Continued
post thumbnail

Tips to minimise the changes of rejection for credit

In the past getting turned down for credit was a problem for some people but for most getting credit was relatively easy, and people flocked to take out loans, credit cards, mortgages, and other forms of finance. However, the days of easy credit have long gone, and these days lenders are far stricter with regards [...]

19Oct2008 | admin | 0 comments | Continued
post thumbnail

How much could you save at discount supermarkets?

Over recent months there has been a change in the trend of shoppers in the UK. Many households have been faced with a surge in the cost of bills, borrowing costs, and other living costs. One of the living costs that has gone up hugely over the past year is the price of food, and [...]

17Oct2008 | admin | 0 comments | Continued
post thumbnail

Credit card increases could become reality for many

According to a recent report a hike in credit card costs could become a reality for many cardholders in the UK, with many people finding that their interest free credit card periods are due to come to an end. A huge number of people have been taking out 0% balance transfer credit cards in order [...]

16Oct2008 | admin | 0 comments | Continued
post thumbnail

Credit card debt and students

Anyone that has ever been a student full time will know that it can be a very financially demanding time, and that there are many periods where you can find yourself with very little or no money available. Despite things like student loans and help from parents – and even part time jobs to bring [...]

16Oct2008 | admin | 0 comments | Continued
post thumbnail

Having a dormant credit card could prove dodgy

There are many consumers in the UK that have one or more credit cards, and in many cases some people decide to put their credit card aside to use in emergencies only. If emergencies don’t arise then the credit card account remains dormant even though the account is still open and running. Whilst some people [...]

15Oct2008 | admin | 0 comments | Continued
post thumbnail

Beat the fraudsters by keeping an eye on your credit

Every year fraudsters get away with around £1.7 billion through their fraudulent activities, and around 100,000 people fall victim to identity fraud each year. As most of us have seen over the past year or two there are no guarantees when it comes to the safety of our personal data, and banks, agencies, and even [...]

13Oct2008 | admin | 0 comments | Continued
post thumbnail

Why have credit card firms been withdrawing and modifying credit card accounts?

Recent reports have questioned why so many credit card firms have been either withdrawing or modifying the credit card accounts of many of its customers, with many people concerned that the real reason behind the changes is all based around how much profit the credit card provider can make. Many credit card firms have come [...]

9Oct2008 | admin | 0 comments | Continued
Older Entries